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Blue Chips Rally, Nasdaq Falls on Earns
NEW YORK (Reuters) - Blue-chip stocks rose Monday on hopes the race for the White House was nearing an end, but an early rally in high-technology shares faltered on lingering concern over the sector's earnings growth. 'It is the same old story,' said Ned Riley, chief investment strategist at State Street Global Advisors in Boston. 'There's little confidence in sustained rallies in techs and Nasdaq until investors and fund managers are convinced all the adverse news is discounted.'
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